Mexico's Stance on Lithium Mining Dispute

Mexico President-elect Claudia Sheinbaum affirmed that her upcoming administration will maintain the current government’s position in a legal dispute with Chinese lithium miner Ganfeng. This dispute, involving a mining concession in northern Mexico, is being addressed at the World Bank's dispute settlement center.

Mexico President-elect Claudia Sheinbaum announced on Wednesday that her administration will uphold the current government's position in an ongoing legal dispute with Chinese lithium miner Ganfeng.

The primary aim is to ensure that 'lithium belongs to Mexicans,' reaffirmed Sheinbaum.

In June, Ganfeng and two of its subsidiaries initiated arbitration proceedings against the Mexican government at the World Bank's dispute settlement center concerning a mining concession in northern Mexico.

(With inputs from agencies.)